For the 43rd fiscal period (ending February 2026), operating revenue was JPY 10,822 million, net income attributable to owners of parent was JPY 4,005 million, and distribution per unit was JPY 4,151, representing a 3.8% increase compared to 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Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2605","jir_publication_date":"2026-04-15","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/04\/8968-20260415-02.pdf","jir_short_summary":"For the 43rd fiscal period (ending February 2026), operating revenue was JPY 10,822 million, net income attributable to owners of parent was JPY 4,005 million, and distribution per unit was JPY 4,151, representing a 3.8% increase compared to forecast.","jir_summary":"### Overview of Performance\nIn the 43rd fiscal period (ending February 2026), operating revenue slightly increased to JPY 10,822 million year-over-year, while net income attributable to owners of parent slightly decreased to JPY 4,005 million compared to the previous period. NOI reached a record high of JPY 6,367 million, and distribution per unit rose by 3.8% over forecast to JPY 4,151. The occupancy rate remained high at 98.5%. The portfolio consists of 37 properties with a total rentable area of 621,813.29 square meters.\n\n### Outlook and Strategy\nDistributions for the 44th fiscal period (ending August 2026) and the 45th fiscal period (ending February 2027) are projected at JPY 4,000, aiming to maintain stable dividend levels. Internal growth strategies involve promoting rent revisions and property renovations, while external growth strategies consider SPC investments and acquisition of new properties. The financial structure is solid with an LTV of 42.4%, a fixed ratio of 89.4%, and a JCR credit rating of AA-, enabling stable funding.","jir_financial_highlights":"Operating Revenue: JPY 10,822 million (Year-over-Year +JPY 30 million)\nNet Income Attributable to Owners of Parent: JPY 4,005 million (Year-over-Year -JPY 49 million)\nDistribution per Unit: JPY 4,151 (Compared to forecast +JPY 151 (+3.8%))\nTotal Number of Outstanding Investment Units: 868,820 units (Unknown)\nNOI: JPY 6,367 million (Year-over-Year +JPY 221 million)\nOccupancy Rate: 98.5% (Year-over-Year decrease)\nLTV: 42.4% (Unknown)","jir_category":"","jir_hashtags":"#FukuokaREITCorporation, #FinancialSummary, #JREIT","jir_key_figures":"Operating Revenue: JPY 10,822 million (Year-over-Year +JPY 30 million)\nNet Income Attributable to Owners of Parent: JPY 4,005 million (Year-over-Year -JPY 49 million)\nDistribution per Unit: JPY 4,151 (Compared to forecast +JPY 151, +3.8%)","jir_meta_title":"[Fukuoka REIT Corporation] Fiscal Year Ending February 2026 Earnings | Operating Revenue of JPY 10.8 Billion with Record High NOI","jir_meta_description":"Fukuoka REIT Corporation announces its 43rd fiscal period financial results: Operating revenue of JPY 10.8 billion, net income of JPY 4 billion, and distribution per unit of JPY 4,151, representing a 3.8% increase over forecast. Explanation of stable financial structure and growth strategies.","jir_og_title":"[Fukuoka REIT Corporation] Fiscal Year Ending February 2026 Earnings | Operating Revenue of JPY 10.8 Billion with Record High NOI","jir_og_description":"Fukuoka REIT Corporation's 43rd fiscal period results highlight distribution per unit of JPY 4,151 and record high NOI. 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